Cutbacks and reorganization in gas company Nederlandsche Aardolie Maatschappij will lead to 2 thousand layoffs next year, mostly in companies that work with NAM.
Dutch gas firm NAM has to compensate residents of the earthquake area in Groningen for the decline in the house prices, even if the homes do not yet show any physical sings of damage or have not been sold yet.
The Dutch Petroleum Company NAM officially apologized for the problems in Groningen caused by earthquakes in a response to the Safety Board report that came out in February.
The Nederlandsche Aardolie Maatschappij (NAM) has received 235 damage claims after the earthquake in Groningen early Tuesday morning. According to NAM, it involves relatively minor damage, such as cracks in walls and damage to plaster.